Twitter deal stuck, Elon Musk tweets big announcement

New Delhi:  Elon Musk, the CEO of electric vehicle maker Tesla, had bought microblogging website Twitter for $44 billion in the past few days. However, with regard to the number of fake accounts on the platform, he has now said that the deal is currently on hold. Elon Musk, the CEO of electric vehicle maker Tesla, recently struck a Twitter deal. But on Friday, he said in a tweet that the deal had been put on hold for the time being.  

 

Elon Musk has cited the pending information of fake or spam accounts on the microblogging platform as the reason behind this. Musk said the calculation shows that the number of fake or spam accounts on the platform is less than five percent. It is worth mentioning that a few days ago, Twitter had said that the number of fake or spam accounts among its monetizeable daily active users during the first quarter has been less than 5 percent.  

In the first quarter of social media platform Twitter, there were 22.90 crore users who received ads. Elon Musk tweeted after the Twitter deal, saying that our priority will be on eliminating 'spam bots' from this platform altogether.

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